For Sale
$4,000,000

1605 Foxtrail Dr Loveland, CO 80538

High-Cap Rate Medical Office in Loveland, CO

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional two-story, 12,382 square foot Class B medical and traditional office building presents a compelling investment opportunity. Located at 1605 Foxtrail Drive in Loveland, Colorado (zip code 80538), this multi-tenant property boasts a strong 5.03% capitalization rate and a Net Operating Income (NOI) of $201,053. The asking price is $4,000,000, translating to a price per square foot of $323.05. Built in 2007, the building features three units and offers an open, bright layout with abundant natural light from surrounding windows. Its prime location in the Foxtrail Business Park provides easy access to I-25 and Highway 34, placing it within walking distance of numerous restaurants and business support services. Ample parking and excellent signage are available to attract and retain tenants. The property is leased under a Triple Net (NNN) lease structure. This property is an ideal investment for those seeking a strong return in a desirable Colorado location. The building's versatile design caters to both medical and traditional office tenants, ensuring a diverse and stable tenant base. This is a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market.

Highlights

  • 12,382 SF Class B medical/office building in Loveland, CO (80538).
  • $4,000,000 asking price, $323.05/SF.
  • 5.03% cap rate, $201,053 NOI.
  • Three-unit building, built in 2007, NNN lease structure.
  • Prime Foxtrail Business Park location, near I-25 & Hwy 34, ample parking, excellent signage.

Property Details for 1605 Foxtrail Dr

Property type
Office properties, Medical offices
Square Feet
12,382 SF
Class
B
Year Built
2007
Stories
2
Units
3

Location Insight

City
Loveland
County
Larimer
State
Colorado
Latitude
40.409235924776
Longitude
-105.00173209425

FAQs

What type of property is this?
Office property - High-Cap Rate Medical Office in Loveland, CO
Where is the office property located?
The property is located at 1605 Foxtrail Dr Loveland, CO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 12,382 SF Class B medical/office building in Loveland, CO (80538).; $4,000,000 asking price, $323.05/SF.; 5.03% cap rate, $201,053 NOI.
How can I contact the broker?
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1605 Foxtrail Dr
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